Business & FinanceEconomy 06 September 2024, 11:06 am 1 minute Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block Japan’s Nippon Steel from buying U.S. Steel on national security grounds would be “very unsettling.” Shigeru Ishiba, a former defence minister, told Reuters in an…

18 September 2024, 12:03 pm 1 minute Reuters exclusively reported that JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the continent. Dimon is expected to visit Kenya, Nigeria, South Africa and Ivory Coast during the trip, his first trip to the…

Business & Finance 27 August 2024, 5:57 pm 1 minute Reuters was first to report that Ryanair CEO Micheal O’leary no longer sees a risk of double-digit percentage falls in fares as the European short-haul weakness had “levelled out”. Market Impact The news caused Ryanair shares to rise by as much as 6% – they…

Business & FinanceGovernment 05 September 2024, 6:32 pm 1 minute Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a national security risk by harming the American steel industry, adding to evidence the U.S. is poised to block it. Article Tags Topics of Interest: Business…

Business & Finance 23 July 2024, 9:11 am 1 minute Reuters exclusively reported that Europe’s top asset manager Amundi and other LVMH investors want the $370 billion luxury behemoth to take more aggressive steps to monitor its suppliers’ treatment of workers after Italian prosecutors disclosed alleged sweatshop-like conditions at subcontractors for high-end brand Dior. Market…

Business & FinanceDeals 24 July 2024, 7:44 am 1 minute Reuters exclusively reported that the United States and Vietnam are discussing the sale of Lockheed Martin C-130 Hercules military transport planes to Hanoi, in a sign of closer security cooperation between the two former foes. Market Impact The discussions show the United States’ growing efforts to gain…